Cooper's role will be that of a con-man who gets out-manipulated by the female psychiatrist with an even more corrupt morality that he's teamed up with.

There was a Tyrone Power-starring 1947 version of the movie from Fox, also based on William Lindsay Gresham's 1946 novel of the same name, but this del Toro-helmed version will be based more on the novel than the previous movie.

Aside from directing, del Toro also co-wrote the screenplay with Kim Morgan and is producing the movie, which is financed by him and J. Miles Dale with TSG Entertainment.